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While the traditional market for mobility, the passenger car market, has slowed and declined, the ride-hailing market has continued to grow. Worldwide, nearly 22 billion ride-hailing trips were completed in 2018 and just under 28 billion trips are expected to be completed by

"Uber has reported a net loss of US$1.1 billion for Q1 2019, despite growing earnings and monthly active users. Revenues from its core ride-hailing business achieved a very muted growth rate of 9%,"

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Singapore. Southeast Asian ride-hailing start-up Grab Holdings Inc. intends to invest $150 million into artificial intelligence research over the next year, accelerating its expanding business that now includes food delivery, digital payments and digital content. Grab, in hot competition with local rival Gojek to become Southeast Asia’s do-it-all super app, outlined for the...

OYSTER BAY, N.Y.--(BUSINESS WIRE)--Sep 5, 2019-- Ranked as the top manufacturing simulation software vendor, Siemens scored highest in implementation and topped four of the ten scoring criteria, states global tech market advisory firm, ABI Research. Dassault Systèmes came in a close second, having scored the highest in innovation and topped three of the ten criteria. The...

LONDON--(BUSINESS WIRE)--Sep 3, 2019-- Smartphones, tablets, and wearables are all expected to see some form of foldable, flexible, or rollable screen technology over the coming years, as vendors try to shake up the markets and stimulate replacement cycles. This is despite ongoing issues with several foldable smartphones that were set to enter the market this year. ABI...

FREMONT, California, Sept. 12, 2019 /PRNewswire/ -- According to a new market intelligence report by BIS Research, titled 'Global Micro Mobility Market – Analysis and Forecast, 2019-2029', the global micro mobility market is expected to reach $31.93 billion by 2029 at a CAGR of 11.95% by value, during the forecast period 2019-2029. Browse more than 29 Data Tables and 51 Figures...

By Anshuman Daga, Aradhana Aravindan and Jonathan Weber SINGAPORE, Aug 26 (Reuters) - Singapore-based ride-hailing firm Grab is set to invest "several hundred million dollars" in Vietnam where the company sees its next major growth market, just weeks after it unveiled a $2 billion plan in Indonesia. The proposed investment is the latest example of a top-notch regional brand...